self rental - commercial real estate suite

[Jeff Earnhardt]

Hey...I'm considering begin a $500,000 commercial real estate suite about 10 minutes away from where I live. My goal is to stop paying rent to another organization, start paying rent to a NEW LLC that I'd use to buy the property, perform a cost seg, take a huge first year paper loss while I write this off my taxes against. I'd be open to finding the "right" tenants to occupy 1 or 2 of the smaller offices, ensuring that I maintain 51% occupancy.

I'd love to learn from this community before I put this plan into action. 

Thanks,